Chile's trade surplus narrowed to USD 607 million in March 2019 from USD 618 million in the same month of the previous year. Exports fell 4.6 percent to USD 6194 million, mainly due to lower sales of mining products (-7.6 percent), of which copper (-6.8 percent) and manufactured goods (-0.8 percent), namely cellulose, paper & others (-7.8 percent). Additionally, sales of agricultural, forestry and fishing products dropped (-3.9 percent). Imports declined 4.9 percent to USD 5587 million, mostly driven by lower purchases of consumption goods (-10.3 percent), mainly durable (-12.9 percent) and semi-durable (-14.7 percent); intermediate (-1.4 percent), of which oil (-20.2 percent); and capital goods (-7.7 percent). Balance of Trade in Chile averaged 475.75 USD Million from 1991 until 2019, reaching an all time high of 2968.68 USD Million in April of 2007 and a record low of -1384.72 USD Million in October of 2008.

Balance of Trade in Chile is expected to be 550.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Chile to stand at 300.00 in 12 months time. In the long-term, the Chile Balance of Trade is projected to trend around 500.00 USD Million in 2020, according to our econometric models.

Chile Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-07 11:30 AM Balance of Trade $600M $330M $ 500M
2019-02-07 11:30 AM Balance of Trade $1031M $596M $900M
2019-03-07 11:30 AM Balance of Trade $276M $1031M $850M
2019-04-08 12:30 PM Balance of Trade $607M $276M $580M
2019-05-07 11:30 AM Balance of Trade $607M
2019-06-07 12:30 PM Balance of Trade
2019-07-09 12:30 PM Balance of Trade $550M


Chile Trade Last Previous Highest Lowest Unit
Balance of Trade 607.35 276.23 2968.68 -1384.72 USD Million [+]
Current Account -3634.00 -2938.80 3256.31 -5054.90 USD Million [+]
Current Account to GDP -3.10 -1.50 4.50 -14.00 percent [+]
Imports 5586.76 5270.05 7865.59 492.60 USD Million [+]
Exports 6194.12 5546.29 7760.56 644.40 USD Million [+]
External Debt 186549.25 185187.66 186549.25 2435.00 USD Million [+]
Capital Flows -2401.46 -4576.41 13891.49 -5487.39 USD Million [+]
Gold Reserves 0.25 0.25 35.96 0.21 Tonnes [+]
Terms Of Trade 94.99 97.92 122.50 58.80 Index Points [+]
Terrorism Index 3.45 3.25 3.97 0.50 [+]
Tourist Arrivals 383271.00 464727.00 521425.00 50093.00 Persons [+]
Foreign Direct Investment -41.80 501.37 899.37 -6259.76 USD Million [+]
Crude Oil Production 3.00 3.00 13.00 2.30 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Chile Balance of Trade

Chile has been recording trade surpluses since 1999, mostly due to a rise in shipments of copper. The most important non mineral exports are chemicals and metals, machinery and equipment , processed food, forestry and wood products, fresh fruit, salmon and wine. On the other hand, the country imports mostly energy products, chemicals, cars, apparel and machinery and equipment. Recently, the biggest trade surpluses were recorded with Japan and China while the largest trade gaps with Brazil, Argentina and the US. This page provides the latest reported value for - Chile Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Chile Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
607.35 276.23 2968.68 -1384.72 1991 - 2019 USD Million Monthly




Country Last Previous
Argentina 460.00 Feb/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.47 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -4483276.00 Jan/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19


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